Jazzy Inc is considering to purchase the Linkin Park Inc. information about the financial statements of Linkin Park is given underneath:

Linking Part Inc.
Statement of Financial Position
As at December 31, 2020
Current assets	$ 231,400
Buildings and equipment	753,000
Accumulated amortization	(113,000)
Land	173,000
Total assets	$ 1,044,400
Current liabilities	$ 187,000
Common shares	577,000
Retained earnings	280,400
Total liabilities and equity	$ 1,044,400

The fair values of Linkin Parks net assets as at December 31, 2020.

Current assets	$ 225,500
Buildings and equipment	482,600
Land	313,500
Current liabilities	(166,300)
	$ 855,300

Instructions

Compute the value of goodwill for Jazzy Inc. if it offers $ 2,060,300 for the net assets of Linkin Park Corporation. Comment on the method of goodwill that can be applied here.